DBS Group Holdings Ltd (DBSDY) is a Great Momentum Stock: Should You Buy?

Company Overview - DBS Group Holdings Ltd (DBSDY) currently has a Momentum Style Score of B, indicating a solid momentum pick based on price change and earnings estimate revisions [3][14] - The company has seen a significant increase in share price, with a 4.98% rise over the past week and a 6.95% increase over the past month, outperforming the Zacks Banks - Foreign industry which rose 1.46% and 1.49% respectively [5] Earnings Outlook - Over the past two months, one earnings estimate for DBSDY has moved higher while none have moved lower, resulting in an increase in the consensus estimate from $10.26 to $10.31 [13] - For the next fiscal year, one estimate has also moved upwards with no downward revisions during the same period, indicating positive sentiment around future earnings [13] Performance Metrics - Over the past quarter, shares of DBSDY have increased by 17.33%, and over the last year, they have gained 32.36%, significantly outperforming the S&P 500 which moved 9.51% and 29.29% respectively [10] - The average 20-day trading volume for DBSDY is currently 105,562 shares, which serves as a bullish indicator when combined with rising stock prices [11]